Ready Possession Properties or Under Construction Properties: Which one is better to buy?

Squarefeet Group tries to clear the biggest dilemma of many would be buyers. As we feel that takingan informed decision is always beneficial than repenting later.

It isobvious for you to taken every decision meticulously while buying a home for you and your family. For you, as a first home buyer, there will always be two options before you. However, confusion arises whether to go for a property under construction or to opt for ready possession property.

Each of these options has its own pros and cons and it is extremely important to be aware about the advantages and disadvantages of Under construction and Ready to move property.

Let’s have a closer look
 
Advantages of Under Construction Property:

The exciting part of Under construction properties is that it is affordable for most of the people through a home loan. Here, ‘affordable’ is in the sense that from payment perspective, your life is easy. You make a down-payment which is generally 20% of the property price and then start making the monthly EMI’s each month and this is how a lot of people are able to own the house easily. Later after few years, a lot of people feel comfortable as their salaries go up, but the EMI’s value is very much the same. Without taking home loan also, one can pay the money in parts as it can be construction linked payment.
 
Liberty to Choose
While buying an Under construction property, one has a freedom to choose.New Projects are coming up in various locations like Ghodbunder Road, Thane. So the choice in terms of location or which floor you want are generally high. Example: If you are not happy with 12th floor, you can pay more and take the 3rd floor, but in case of ready-to-move-in apartments, if 12th is available, then that’s all you have. There you have no choice left!

Squarefeet group has many Under Construction Projects in Ghodbunder Road Thane - Ace Square – 1 BHK and 2 BHK Flats in Thane and Joy Square – Studio Apartments in Thane.

Read More More About Ready Possession Properties or Under Construction Properties